Indian Vehicle Sales Move UP In April 2018

By Sridharan Ravi

The overall vehicle sales in India grew by 17.44 percent to 2,379,718 units in April 2018, compared to the same month a year ago. The commercial vehicle sales increased by 75.95 percent. The sale of passenger vehicles rose 7.5 percent to 298,504 units in April 2018 from 277,683 units in the same month last year, the Society of Indian Automobile Manufacturers (SIAM), the apex body of Indian automobile manufacturers, said in a report.
Among the passenger vehicles, the sales for passenger cars, utility vehicles and vans were up to 200,183 units (4.89 percent), 79,136 units (11.92 percent) and 19,185 units (18.99 percent), respectively from the same month last year.
Maruti Suzuki India (MSIL) sold 163,434 units in April 2018 in the domestic market as against 144,081 units sold in the same month a year ago, thus registering a growth of 13.4 per cent.
Hyundai Motor India (HMIL) dispatched 46,735 units of passenger vehicles to their dealers from the Chennai plant in April 2018 as against 44,758 units in the like month the previous year marking a growth of 4.4 percent.
Mahindra & Mahindra sold 21,927 units in April 2018 as against 19,391 in the same month a year ago, thus a growth of 13 percent. “The company has achieved good growth both in the personal and commercial vehicle segments. We have also seen an encouraging response to our recent launch, the new XUV500. The Truck and Bus division continues to outperform with a high y-o-y growth. Going forward, we are confident of this positive momentum continuing in the first quarter of FY19,” Rajan Wadhera, president, Automotive Sector, M&M, said.
Tata Motors sold 17,235 units of passenger vehicles in April 2018 as against 12,827 units in the same month a year ago, registering a hike of 34 percent. “The growth in April 2018 was on the back of various macro-economic factors like investment in infrastructure development, improved industrial activities, and robust demand in private consumption-led sectors. Other factors like lower interest rates, and inflation under control are boosting the economy thereby leading to continuing demand,” Tata Motors said.
Toyota Kirloskar Motor sold a total of 13,037 units in the domestic market in April 2018 as against 12,964 units sold in the like month previous year, growth of 5.64 percent.
Honda Cars India (HCIL) registered monthly domestic sales of 9,143 units in April 2018, against 14,480 units in the corresponding month last year, registering a decline of 36.8 percent. Rajesh Goel, SVP and Director, Sales & Marketing, Honda Cars India, said, “HCIL sales in April are as per plan. We are preparing for the launch of all-new Amaze this month and did not have stocks of outgoing Amaze. Besides, City and WR-V which were launched last year had witnessed new model sales spurt around this time.” Ford India’s sales also declined to 7,428 units in April 2018 from 7,618 units, a decline of 2.49 percent.

Commercial Vehicles

The commercial vehicle segment registered a growth of 75.95 percent in April 2018 as compared to the same month last year. Medium & heavy commercial vehicles (M&HCVs) increased by 169.26 percent and light commercial vehicles grew by 43.92 percent in April 2018 over the same month last year.
Tata Motors commercial vehicles’ domestic sales stood at 36,276 units in April 2018 over 16,017 units in the same month over previous year, a whopping 126 percent surge. Mahindra & Mahindra sales in domestic market rose to 18,963 units as against 15,060 units the previous year April, a growth of 26 per cent.
Ashok Leyland continued its growth run in April 2018, with a surge of 79 percent. The CV manufacturer posted total sales of 12,677 units, compared to sales of 7,090 vehicles in the same month last year.
VE Commercial Vehicles recorded sales of 3,959 units in April 2018, compared to 3,089 units in April 2017, recording a growth of 28.1 percent. This includes 3,939 units of Eicher brand and 20 units of Volvo brand.

Two, Three-Wheelers

The two-wheelers sales registered a growth at 16.92 percent in April 2018 over April 2017. Within the two-wheeler segment, scooters, motorcycles and mopeds grew by 12.63 percent, 19.38 percent and 16.86 percent, respectively in April 2018 over April 2017. Honda Motorcycles shared exports and domestic sales combined at 694,022 units last month compared to 595,706 units in the same month a year ago, a growth of 16.5 per cent. Its domestic sales grew by 15 percent at 635,811 units in April 2018 over 551,732 in April 2017.
Three-Wheeler sales increased by 54.17 percent in April 2018 over the same month last year. Within the three-wheelers, passenger carrier sales registered a growth of 63.64 percent and goods carrier grew by 25.66 percent in April 2018 over April 2017.
In the three-wheeler segment, TVS saw the highest growth of 103 percent in April 2018 to 10,894 units as compared to 5,362 in the same period the previous year. Mahindra & Mahindra sold 4,327 units in April 2018 compared to 3,438 units sold in the same month a year ago.

Exports

In April 2018, the industry produced 2,645,618 vehicles, including passenger vehicles, commercial vehicles, three-wheelers, two-wheelers and quadricycles, as against 2,242,965 in April 2017, registering a growth of 17.95 percent over the same month last year. The overall automobile exports grew by 24.21 percent. While passenger vehicles exports declined by 15.89 percent, commercial vehicles, two and three-wheelers registered a growth of 51.99 percent, 88.16 percent and 26.85 percent respectively in April 2018 over the same period last year.

NB: Photos are representational.

Leave a Reply

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.